News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
Economypayabl. launches Tap to pay smartphone-based contactless payment solution for businesses
Brussels, Belgium. European financial technology provider payabl. has launched Tap to pay, a solution that allows businesses to accept contactless payments directly via smartphones without dedicated hardware. Smartphones enabled as payment terminals The company…
EconomyGovernment announces eight measures to curb rising costs amid Middle East war
Nicosia, Cyprus. The government on Thursday announced a package of eight measures aimed at combating rising costs after…
EconomyDeloitte report highlights AI “execution gap” as businesses race to transform workplaces
Nicosia, Cyprus. Businesses are struggling to bridge a large “execution gap” as they race to integrate artificial intelligence…
EconomyLidl Cyprus outlines 2024 sustainability actions across operations, supply chain and community support
Nicosia, Cyprus. Lidl Cyprus has published its 2024 Sustainability Report, outlining sustainability measures across its value chain and…
EconomyItaly to freeze enhanced voting rights in some delisting and relocation votes, draft decree shows
Rome, Italy. Italy plans to change its rules on enhanced voting rights to prevent dominant shareholders using them…
EconomyKeve to host second Private Clients summit in Limassol on April 23
Limassol, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) will host its second annual summit, Private Clients…
EconomyEurope office construction hits decade low as prime rents reach record highs
London, United Kingdom. Construction of new office space in Europe has dropped to its lowest level in a…
EconomyASBISc Enterprises estimates February 2026 revenue at $427 million, up 72% year on year
Nicosia, Cyprus. ASBISc Enterprises Plc announced its estimated consolidated revenues for February 2026, reporting a sharp year-on-year increase.…
EconomyCyprus energy and construction leaders call for relief measures, market regulation, and coordinated reforms
Paphos, Cyprus. Cyprus stakeholders called for immediate measures to cushion expected energy cost rises while urging market regulation…
EconomyChristodoulides to announce new measures to address rising energy costs
Lefkara, Cyprus. President Nikos Christodoulides said he will address the public on Thursday with specific measures to tackle…
EconomyEAC unions threaten escalating strikes, call for independent probes into alleged suspicious activities
Nicosia, Cyprus. Workers at the Electricity Authority (EAC) on Tuesday threatened escalating strike action, calling for independent investigations…